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What steps do you take to sell your home by owner?

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What steps do you take to sell your home by owner?

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  1. Stake a Sales sighn out on your front lawn.Make it large and attractive.Perhaps some ballon's will catch the buyer's eyes quicker.


  2. 1. Contact a title company or law firm to represent you in the sale.

    2. Decide how and how much you want to sell your house. How: owner finance, outright, rent to own, etc. How much: depends on market value - get a CMA (Comparative Market Analysis) from your title company or from a Realtor.

    3. Get your house in resale condition

    4. Advertise your property for sale - sign and banners in yard, newspaper ad, purchase an entry in the MLS from a real estate agent, post in the swap sheets, put up a craigs list ad.

    5. Show your house, and have purchase and sale contracts ready to fill out.

  3. Since buyers can use real estate agents for free, and can basically get information like comparables of sold homes, help with contracts, and more it is hard for the "For Sale By Owner".

    You have to be available or make your home available to show during the day and evening, learn the real estate laws in your area, and have a legal contract for buyers to sign.

    Also you must make the price or add benefits of why a buyer should buy your home. Most buyers want to take off the price of the commission since you are selling it your self or have the seller finance them.

    Statistically it is shown that the FSBO gets more when selling with a realtor and shorter time on market. Also those who chose to go FSBO usually either list with an agent later or pay for a buyer’s real estate commission.

    Then there is the marketing costs, closing costs, title work, and more.

    So think about it.

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